Roberto Jacobs / Blog
API Reports Surplus, While WTI Awaits EIA Report's Calls Updated WTI is trading at key resistance area at $41.8/barrel...
FxWirePro: GBP/USD Retains Bullish Outlook With Scope to Target 1.4450 The GBP/USD pair retreated back on Wednesday, as the Pound found short selling interest after data showed the number of unemployed in Britain rising and wage growth fell short of expectations...
US Dollar Rebounds to 94.20, Session Tops The greenback, gauged by the US Dollar Index, is now accelerating its daily upside to the area of 94.10/20. US Dollar retakes 94.00 The index has managed to regain the key 94.00 handle after bottoming out in the 93...
EUR/USD Tumbles to Lows Near 1.1330, USD Bid The European currency is now rapidly losing the grip vs. the greenback, with EUR/USD slipping towards the 1.1340 area, or daily lows. EUR/USD lower as USD catches bids The abrupt rebound of the US dollar from the key 94.00/93...
USD/JPY Supported Around 108.60/80 – Westpac The pair remains well supported in the 108.60/80 band ahead of the next BoJ meeting, suggested strategists at Westpac...
WTI Weaker Ahead of EIA, Near $41.50 Crude oil prices are retreating from session tops above the $42.00 mark on Wednesday, currently testing the mid-$41.00s ahead of the EIA report...
CHF/JPY Trade Idea Major resistance – 114 Major support – 113 The pair has made a high of 113.98 and declined from that level. It is currently trading at 113.65. Short term trend is slightly bullish as long as support 112.80 (Tenken-Sen) holds...
RUB Poised to Outperform – Danske Bank Economist at Danske Bank Vladimir Miklashevsky sees the Russian currency picking up further pace in the months ahead. Key Quotes “As we expected, the RUB continues to be the best play among oil producers on a rising oil price”...
FxWirePro: Cable Edgy at Resistance 1.4385 - Major Trend Still Intact As No Traces of Recoveries from Trend and Momentum Breaks resistance at 1.4385 levels but sustenance is questionable, but don’t jump into conclusion wait for confirmation...